NOT LISTED FOR SALE

5240 Crossfield Rd Unit Lot 97 Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $214,640 - $269,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $152,000 $95 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,358/month

Highlights

  • Newly Remodeled
  • 1 Fireplace
  • Central Heating and Cooling System
  • Traditional Architecture
  • Den
  • Combination Dining and Living Room

About This Home

As of September 2018

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $1,295 and professional property management is in place! This brick home features Hard surface floors, nice kitchen and bathrooms, and much more!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 08/06/2018

Foundation Property Management

Co-Listed By

Mark Hart

Reedy & Company, REALTORS License #342634

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Lot Dimensions are 64.45 x 130.01
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,554 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Den
  • Iron Doors
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Gemstone Pd Phase 2 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 0745259 S00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,331

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Gemstone PH2
  • List Price Per Sq Ft: 98
  • Number Of Stories: 1
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 1554
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Primary Bathroom Description: Separate Shower
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 300
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level
  • Lot Number: 97
  • Lot Size: 64.45 x 130.01

Tax Info

  • Assessor Parcel Number: 0745259 S00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Oct 5, 2018
Sold by
Harouni Albert
Bought by
Ian Enterprises Llc
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$152,000
Sold Price
$152,000
Current Estimated Value
$233,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,410
Avg. Annual Appreciation
6.23%
Original Mortgage
$108,400
Outstanding Balance
$94,336
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$139,074

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 20, 2018
Sold by
Jbj Properties Llc
Bought by
Harouni Albert
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$152,000
Sold Price
$152,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,400
Outstanding Balance
$94,336
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$139,074

Purchase Details

Closed on
Nov 6, 2017
Sold by
Equity Trust Comapny
Bought by
Jbj Properties Llc

Purchase Details

Closed on
Aug 27, 2008
Sold by
Chamberlain & Mccreery Inc
Bought by
Trust One Bank
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ian Enterprises Llc -- Delta Title Services Llc
Harouni Albert $152,000 Delta Title Services Llc
Jbj Properties Llc $10,000 Delta Title Services Llc
Trust One Bank $57,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harouni Albert $108,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $152,000 0.0% $109 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $152,000 -- $109 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,331 $59,325 $7,500 $51,825
2024 $1,331 $39,275 $4,350 $34,925
2023 $2,392 $39,275 $4,350 $34,925
2022 $2,392 $39,275 $4,350 $34,925
2021 $1,355 $39,275 $4,350 $34,925
2020 $2,446 $33,750 $4,350 $29,400
2019 $1,079 $33,750 $4,350 $29,400
2018 $109 $3,400 $3,400 $0
2017 $142 $4,350 $4,350 $0
2016 $149 $3,400 $0 $0
2014 $149 $3,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 633-1484

    69 in this area

    640 Total Sales

    James Wachob
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Mark Hart

    Reedy & Company, REALTORS

    (901) 800-6693

    15 in this area

    112 Total Sales

    Mark Hart
    Section Image

  • B

    Buyer's Agent in 2018

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    43 in this area

    411 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10033832

Memphis Area Association of REALTORS®

APN: 07-5259-S0-0010

Tennessee Shelby County Memphis 38109 Whitehaven

5240 Crossfield Rd Unit Lot 97, Memphis, TN

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